Crypto

Airswift Technology and Cloud Payments partner to enable instant access to crypto with VISA and MasterCard

VANCOUVER, British Columbia–(BUSINESS WIRE). The collaboration will simplify crypto-based purchasing by providing crypto on-ramping and NFT purchases using VISA and MasterCard with optimized exchange rates. This offers cryptocurrency consumers greater convenience when purchasing retail goods and digital assets. “Millions of Web2.0 users are ready to join Web3.0, but are unfamiliar with the existing decentralized finance …

Airswift Technology and Cloud Payments partner to enable instant access to crypto with VISA and MasterCard Read More »

UK publishes crypto framework covering ICOs, stablecoins, exchanges and regulators

Editor’s note: With so much market volatility, stay tuned for daily news! Catch up in minutes with our quick summary of today’s news and must-read expert opinions. Sign up here! (Kitco news) – The United Kingdom on Wednesday released its long-awaited regulatory framework for crypto regulation, outlining the government’s choice of regulators …

UK publishes crypto framework covering ICOs, stablecoins, exchanges and regulators Read More »

A record $3.8 billion was stolen in crypto hacks last year, a report says

CNN By Jennifer Korn A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with most of those thefts fueled by hackers linked to North Korea, according to a report released Wednesday by blockchain analytics firm Chainalysis. The increase in cryptocurrency heists, from $3.3 billion in 2021, came as the overall …

A record $3.8 billion was stolen in crypto hacks last year, a report says Read More »

The global crypto payment gateway market is expected to reach

Portland, Oregon, Feb. 01, 2023 (GLOBE NEWSWIRE) — According to a report published by Allied Market Research, the global crypto payment gateway market was valued at $1.00 billion in 2021 and is expected to reach 5.4 billion by 2031, registering a CAGR of 18.7% from 2022 to 2031. The report provides detailed analysis of the …

The global crypto payment gateway market is expected to reach Read More »

Here’s why India stuck with older crypto reforms in the 2023 national budget

Cryptocurrency and blockchain technology were not mentioned in India’s Union Budget 2023, dashing the hopes of millions of cryptocurrency holders in the country. Many in the Indian crypto community were hoping for some reduction in the high tax on crypto, which was introduced in March 2022. India’s Finance Minister Nirmala Sitharaman presented the Union Budget …

Here’s why India stuck with older crypto reforms in the 2023 national budget Read More »

Britain lays out plans to regulate crypto industry after FTX collapse

British Prime Minister Rishi Sunak speaks during a question and answer session at Teesside University, January 30, 2023. Oli Scarff | Wpa pool | Getty Images News The UK has officially outlined plans to regulate the cryptocurrency industry, with the government looking to curb some of the reckless business practices that have emerged over the …

Britain lays out plans to regulate crypto industry after FTX collapse Read More »

Crypto fraudsters abuse ‘soft’ UK company laws to scam victims: report

According to an independent analysis, the UK is host to at least 168 companies accused of running fake crypto or foreign exchange (forex) scams. A joint investigation by media companies the Bureau of Investigative Journalism and the Observer published on January 29 found that organized crime groups are using the UK as their base because …

Crypto fraudsters abuse ‘soft’ UK company laws to scam victims: report Read More »

Bitcoin climbs back above US$23,000 as most of the top 10 crypto tokens gain ground

Bitcoin prices broke above US$23,000 again during trading in Asia on Wednesday morning. Ether and most of the other top 10 non-stablecoin cryptocurrencies also rebounded from yesterday’s losses amid a strong rally in US stocks in January and optimism that the US economy is headed for a soft landing. Best Memecoin Dogecoin led the pack, …

Bitcoin climbs back above US$23,000 as most of the top 10 crypto tokens gain ground Read More »

The first UK crypto regulation to set ‘robust’ standards

LONDON, Jan 31 (Reuters) – Britain’s Treasury is planning “tough” regulations for crypto assets, following the collapse of crypto exchange FTX last year, which left millions nursing billions of dollars in losses. Crypto is currently unregulated globally, and companies only have to carry out checks to prevent money laundering. However, the UK’s Financial Conduct Authority …

The first UK crypto regulation to set ‘robust’ standards Read More »